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Moag Amends the Terms of Warrants

Toronto, ON, December 3, 2012-Moag Copper Gold Resources Inc. (CNSX:MOG) announced today that it has amended the terms of 625,000 warrants. The exercise price of the warrants has been amended from $0.30 per share to $0.10 per share and the expiry date of the warrants has been amended from January 9, 2013 to January 9, 2014.